Surges to 10,000 Points, Morgan Stanley Raises South Korea's KOSPI Index Target Again
May 11 — JPMorgan Chase has raised its target for South Korean stocks for the second time in less than a month, citing improved semiconductor cycles, corporate governance reforms, and industrial sector growth.
The Wall Street bank lifted its base target for the Seoul Composite Index (KOSPI) to 9,000 points and its bullish scenario target to 10,000 points—representing a 33% upside from last Friday’s closing price. This updates its late-April targets of 7,000 (base) and 8,500 (bullish).
Strategists are rushing to upgrade their South Korean market outlooks, driven by profit growth tied to the global AI boom.
On Monday, the KOSPI surged as much as 5.1% to an intraday record high of 7,876.60 points, pushing its year-to-date gain to roughly 86% and solidifying its spot as one of the world’s best-performing stock markets. Goldman Sachs also raised its KOSPI target to 9,000 points last week.
Source: FXStreet
8 minutes ago
Minara Launches the First Hyperliquid HIP-4 Prediction Market Assisted Trading AI
**May 11 – Minara AI today launched its AI Prediction Copilot, becoming the first platform to integrate the Hyperliquid HIP-4 prediction market into a trading assistant system.**
Powered by AI’s automated analysis of BTC’s short-term trends, support/resistance levels, risk-reward ratios, and market pricing deviations, the tool delivers professional YES/NO trading recommendations for markets like “BTC Price Range Prediction.”
Unlike traditional “guess the price direction” trades, the Copilot’s core focus isn’t predicting direction—it’s identifying market mispricing. It integrates technical indicators (RSI, MACD, EMA, SuperTrend, volume, funding rates) to provide real-time AI-generated probabilities, market-implied probabilities, edge metrics, and expected returns. Additional features include real-time signal cards, one-click trading, probability comparisons, and range market analysis.
This tool shifts users’ prediction market trading from “emotion-driven bets” to “AI-powered ma
8 minutes ago
Meme Coin TROLL Market Cap Surges Above $120 Million, with a 30% Price Increase in the Last 24 Hours
On May 11th, Solana ecosystem meme coin **TROLL** continued its market cap surge, per GMGN monitoring data (link: [https://t.me/gmgnaibot?start=i_m4TE56o8](https://t.me/gmgnaibot?start=i_m4TE56o8)).
The token hit an early morning high exceeding $1.2 billion, currently holding at $1.1 billion—up 30% in the past 24 hours, with $20.1 million in trading volume over the same period (token link: [https://gmgn.ai/sol/token/i_m4TE56o8_5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2](https://gmgn.ai/sol/token/i_m4TE56o8_5UUH9RTDiSpq6HKS6bp4NdU9PNJpXRXuiw6ShBTBhgH2)).
BlockBeats notes that meme coins are highly volatile, relying heavily on market sentiment and hype with no underlying value or use case. Investors are advised to exercise caution amid these risks.
8 minutes ago
USDT "Forex Savings" Investment Goes Bust, Fujian Court Rejects Plaintiff's Lawsuit, Case Transferred to Police
**May 11 Update**
Fuzhou’s Gulou District People’s Court recently wrapped up a trust dispute case tied to an illegal foreign exchange scheme.
Investor Chen invested RMB 480,000 in a foreign exchange wealth management program via intermediary Liu. The funds were converted to USDT, transferred to an overseas trading platform that later shut down, and resulted in heavy losses.
The court ruled the transaction formed a full cycle: *receive RMB → convert to USDT → cross-border transfer → foreign exchange trading*. It clearly used cryptocurrency as a tool to indirectly conduct foreign exchange transactions, suspected of disrupting financial order. The court dismissed Chen’s lawsuit and referred the case to public security for further investigation.
**Case Details**
Between October 2023 and April 2024, Chen was introduced to Liu, who pitched a "high return, quick break-even" foreign exchange program. Chen transferred 480,000 yuan total—funds Liu quickly converted to USDT and sent
8 minutes ago
Over 40 countries will hold a meeting on Monday to plan a stabilization and escort mission in the Strait of Hormuz following the ceasefire.
May 11 — More than 40 countries will hold a meeting Monday to discuss an escort mission led by the UK and France, aimed at protecting ships crossing the Strait of Hormuz once a stable ceasefire is in place. The nations are expected to contribute capabilities like mine clearance, escort operations, and aerial patrols.
UK Defense Secretary Healey said, “We’re turning diplomatic agreements into concrete military plans to restore confidence in shipping through the Strait of Hormuz.” He will co-chair Monday’s meeting with French Defense Minister Vautrin. The UK will deploy its HMS Dragon destroyer to take part in the mission.
Previously, Trump criticized the UK and other NATO allies for being unwilling to deploy naval forces to help restore navigation in the Strait of Hormuz. He also specifically took aim at the UK for proposing to send aircraft carriers long after the U.S. actually needed them, mocking the carriers as “toys.”
8 minutes ago
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